HomeMy WebLinkAbout0210 264541
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13th S~ptmbor - ~.o. i9 ~3 ~~w••~
THIS INDENTURE. Mad~ the day of
- Spenc~r . walt~rs an Joann• S. walt~rs, his wile ~
r~
of St• T'~Ci• County Flo~ida, hereinsf?er d~ignaicd as~ tM "MORTGAGOR." and FIRST FEDERAL SAVINGS AND tOAN
ASSp~lAT10N OF FORf PIERCE, ~ cwpor+tiw? wpanized ~nd exi~tiny under tM laws of ths United S~at~s of Am~rk~ ~~d hsviny its principal pl~c~ of
busin~as in ths C~ty of Fwt Piace. St. lucis Coupty. iJorid+, hereinaf~eS desiy~eted as tFw iMORIGAi'aEE~
WHEREAS tM MORTGAGOR is justly i~debted to tl+~ MORTGAGEE in tM sum of = 9~000• 9~ lawful ma.ey oi the U~:ted
Sratei advarued by the MORiGAGEE unto ths MORTGAGOR, as evidenced by a cer~ain promissory note of even dafe herewith, of which the foitowinp in
= li~i'a~~:vW is • trve copy, to-wi~: ~ 1~• Q~26
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Forf Plerc~, Flaida, Septuber 13 ~y 73 j
Fw value reccived, 1, we or either of us, promise to pay, without defalcat~on, to ~he order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT AIERCE at fort Pierce, Florida, the s~m of Z 19 ~ with i~teres~ from date at the r+~te of ~0 °b pe~ annum, in rtanthly inatalM
ments u follows: ~-~60~~ on the 2~h day of January ~9 74 and a like sum on the correspond~ng day of each mont6 there-
;
afrer until the whole ba fully paid. i
Each installment fint cha!I be applied in payment of the interest and then on the unpaid bala~ce of the princ~pal sum. If detault is made in the
Fayment of any installment when due, and such default continues 30 days, then at the optan of the holder, and without sny other notice, all the remaining
~nstallmenri shall be due and payable at once. Privilege is given to prep+y this note in wFale or in part +t sny time without penalty. Neither forebearonte,
nor scceptance by the holder the~eof after any default in any paymenfs hereon, shall be deemed extension. A late payment charge of i 8~~ sh+~~ be
added to each insfallment remaininp vnpaid 7 days afta its d~e date, and s.like sum shall be added to each such instailment remaining unpaid 7 dsys after
each wcceeding paYment~date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fo~ nonpayment, and further i
agrees to a~y extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includ~ng s }
reaso~able attorney's fee i~ the event of any defautt hereunder, snd hereby severally waives all benefit of homestead and exemption under the cautituYan i
and Iaws of each State oi the United States, as against this obligation or any extensio~ or re~ewsl hereof.
Witncss the hand and seal of each party. •
(SEAL)
s/Spencer K.'Walters ~,u
~ cs~?u
s Joanne S. Nta ter s, ~
( ~28~s~ ) Stst~ Revenue . i
~.S~ai~P?sax~Y~d.w~iqiarL~nri~ • - 1
NOW, THEREFORE, the MORiGAGOR for the purpose of ucvring payment of said s~m of S 19 ~ ~nd tM Perfort^+^ce of tM
covenants and agreements hereinafte~ expressed, and fw divers good and valuable considerations, by these presenn, does gran?, bar~ain, sell, remiu, ~
release, convey and confirm unto the MORTGAGEE, ih successws end auigns, slt that certain lot, piece or parcel of Isnd, situate, lying, end beinp in fhs
County of t'~ ~ and St~t~ of Fbrida, described ~s follows:
Lot 21, Blodc 3216, ~PORT ST. ~ WCIB RIARSS?A PINBS UNIT I~ accozding to the _Plat
thezeof recorded in Plat Book 16, Page 35, Public Records of St. Lucie County,
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; pURSlW1i TO CiW~'r~ 71-t_ ~:15 JF 1911•/~jl~
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~ rogNher w~th alt and tingular the tenements, hereditaments snd appurtances therevMO belaging a in anywise appertaining fherero, snd all renb, iuues, 0
~ proceeds and profits acaving and ro accrue from said premixs, all of which are included in the sbove snd foreyang deacription and habendum. ~
TO HAVE AND TO HOID tF~e above dewibed and granted prcmises ~nto the s+id MORTGAGEE, its successors and augns forevN. Md tlw sald
~ MORTGAGOR fo~ tbei! heirs, executors, sdministrators and asi~gns, hereby covenann with ths ssid MORTGAGEE, its wuessas a~d ~s~ns.
~ rhar tbe~---- Iawfully xized of the wid prcmises in fee simplr, that the same are free, de+r and discharyed from ~It liera and Mcun?
~ bra~ces in law or in equity, snd thst th@~I wi11 and their hein shall w~?rant and defend the title to th~ same ro tht ssid
MORTGAGEE, its successas a~d auigns, fwever sgainst the lawful clsims and demands of sll perwro; ~
~
- PROVIDED, ALWAYS that if the MORTGAGOR sh~ll pay unto the MORTGAGEE the promiuory note herei~before described ~nd sh~ll truN. P~~P~~Y
~ and fully perform, diuharge, execute, complete, comply with snd abide by each and every the :tipulations, agreeme~ts, ConditiOnf and t6vtn~nri Of Hid
- promissory note and of this Mortgsge, then this Mwtgage ~nd the Estate hereby ueated shsll uase and ba null •nd wid.
~ IT IS UNOERSTOOD that the word "Mortgagw" whethe? in the singulsr w plvrsl aeywhere in this Mortgage, shall b~ sirgular if o~e only and
shall be plural jointly and severally if more tha~ one, and that the word "their" as used anywhere in this Mort9~ge ~hall be taken to mean "his;' "hen,"
- or "its;' wherever the conteat w implies or sdmits. Alw, thst virherever there is a referente in tFu tovenanri snd ayreements herein contain~d fo ~ny of
~ the parties hereto, the tame sh~ll be construed to mean as well as the heirs, leyal repraen4tives, successors and uiiyns (either volunbry by act of the
parties or involuntary by operstion of the Isw) of the ssme and that the covcnants herein cont+ined shsll bind and the benefib and advantapes irwr~
4 to the respective heirs, leyal representatives, succeuors and au~gns of the parYies hereb.
~ And said Mortgsgon, for themselves and their heirs, legal representstivp, successors and ~uiqns, hereby joinNy and sevenlly covena~t and syree
- ro and with the said MORTGAGEE, its successors snd augns:
;l 1. To pay +II +nd sin9ular the principal and interest snd tF?e varian and sundry swm of money payabk by virtue of ssid p?omissory note, ~nd thK
mortgsge, e~cf? ~nd every. promptly on the days respectively the same sevarally become dw.
2. To pay atl ~nd singular tF~e taxes, assessme~ts, levies, liabilities, obli9stions +nd encumbrsrKes of every nature and kind now on s~id described
property, w thst Fxreafte~ may be impose~, svffered, placed, levied, or auessed thereon, or th~t heresfter may b~ levied o~ ~saess~d upon fhis Mortg-
age, or the indebtedneu secured hereby, exh and every, when dve ~nd payable, accordirg to law, before tfiey become delinqvent, a~d befor~ any interest
~ artaches or any pen~Iry is incu?red; ANa INSOFAR AS ANY THEREOf t5 OF RKORO THE SAME SHAII BE PROlV1PTlY SATISFIED AND DISCHARGED OF
~ QECORD AND THE ORIGINAI OfFIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIf1ED) SHALL BE PLAGEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event th~t ~ny the~eof is not
paid, saCsfied and dischsrged sa:d MORTGAGEE may at any time pay the ~ame a any ps~t tfxreof witbovt waiviny w affecting any option, lien, equih o~
•~pht under w by virtue of this mortgage and Ihe full amount of each snd every such p~yment shsll be immcdiately due and pay+bk afld tF1iII b!N interest
~ i•om the date thereof until psid at rste of nine per centum per anny~n `~d~ ether with such intere~t shall be secured by the lien of th:s moryta9e.
u R
~ BOOK 9 PAGi 21O
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